[BLOG] Africa’s improved business environment
The position of Africa in the world now in terms of business is very encouraging. There is tough competition because all businesses are keeping up with the heat of the battle.
But one caution is that businesses in Africa will become harder to bear because of the rise of more foreign investments.
The race in Africa's business sector is expected to become tougher. This is so because of the growing number of investors.
Foreign companies from large economies are the premiere investors in Africa now. China is one of them and their focus is on oil, mining and infrastructure business.
But as always the first one to come is the one who gets much of the advantage. This is why Chinese investors are making the most of the moment while everything is still fresh and hot.
With their wide spread investments, China is one of Africa's best business partner right now. Africa boost of competitive natural resources, enough to sustain the life of any African business.
In addition to the large population, the continent is a great prospect to become consumers. Consumers’ behavior of most people is also improving.
A tighter competition can only be a disadvantage for businessmen if they don't know how to abide with it.
This article was originally posted on Africa Oil & Mining Network
Our only wish is that competition will be fair and everything else will end up positive for Africa.